WHO'S GOUGING US?

Pssst..... Want to know the REAL STORY behind the hiked up gas prices?

Check this out.

"Today on the Hill, lawmakers in both parties get a second chance to strut and tut-tut as they harangue oil company executives about high gas prices–and display their abject ignorance of, and hostility towards, basic economic principles of supply and demand."

Michelle Malkin does the heavy lifting at the gas pump for ya. All you need to do is pull up and read.

Today's word for the day: S-K-I-M-M-I-N-G. That's right, class. Skimming. Now, who can tell the rest of us what that word means, and give us an example of how it is done? John, I see your hand is raised. What can you tell us?

"... if anyone is "gouging" consumers through the high price of gasoline, it is federal and state governments, not American oil companies. On the average, 15% percent of the cost of gasoline at the pump goes for taxes, while only 4% represents oil company profits. These figures were repeated several times, but, strangely, not a single Democratic Senator proposed relieving consumers' anxieties about gas prices by reducing taxes."

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